How Much Sales Are Required to Earn a Target Net

question 76

Multiple Choice

How much sales are required to earn a target net income of $200000 if total fixed costs are $250000 and the contribution margin ratio is 40%?

• A) $625000
• B) $1012500
• C) $1125000
• D) $500000

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Definitions:

JTextField

A Swing component in Java that allows the user to enter text data in a single line format.

Pane

In graphical user interface (GUI) design, a pane is a discrete section or area of a window used to group or separate content visually.

Content Pane

A GUI component that serves as a container for other components; it is the primary layer where UI components are added in Java Swing.

Superclass-subclass Relationship

A hierarchical relationship in object-oriented programming where a subclass inherits properties and methods from its superclass.